In September 2021, which of the following has agreed to set up an innovation fund in partnership with the Assam government to promote start-ups?

The correct answer is SIDBI . Key Points The Small Industries Development Bank of India (SIDBI) has agreed to set up an innovation fund in partnership with the Assam government to promote start-ups. It would support and promote self-help groups to the enterprise level and bring them into the formal sector of the economy. Efforts would also be taken to create clusters to promote 'one district-one-product initiative' . Important Points ​SIDBI handed over a commitment letter of Rs 350 crore to the Assam government under Cluster Development Fund. Additional Information The SCDF (SIDBI Cluster Development Fund) has been setup with support of Reserve Bank of India (RBI) to support the hard infrastructure facilities in clusters pan India. The fund is envisaged to support s etting up, upgrading and renovation of MSME infrastructure in areas other than agriculture. The major sectors include industrial and agri-allied sectors in the MSME eco-space , social sector projects in and around MSME clusters and connectivity to MSME Clusters. SIDBI: Headquarters - Lucknow. Founded On - 2 April 1990. Chairman and Managing Director - S Ramann.